Custody experts say Thursday’s attack could be related to an earlier Liquid hack last November. Is MPC really to blame?
Research from custody firm Finoa finds it cheaper for big investors to just hold crypto.
In testimony before the Senate Banking Committee, Michael Hsu said some past crypto initiatives had not been done “in coordination with all stakeholders.”
The crypto custody firm is planning an “aggressive” hiring campaign to extend its reach into the world of fintech.
“It was very important for us to show the customers that we have the balance sheet and valuation to stay independent.”
Woori Financial Group is joining forces with bitcoin exchange Coinplug to offer the service.
The company was certified by the Alberta government to become the country’s first regulated custodian for crypto assets.
The license will allow Coinbase to continue operating in Germany.
The company has seen a 2,023% uptick in transaction volume since last year.
The neobank has come in for criticism in the past for not allowing users to move their crypto off its platform.
Standard Custody can provide crypto custody services in New York with a new trust charter through the New York Department of Financial Services (NYDFS).
Asked if NYDIG would be U.S. Bank’s crypto custodian, Senior Vice President Christine Waldron said she was not at liberty to comment.
The custodian will manage potentially tens of millions of dollars in seized cryptocurrencies, according to documents published Wednesday.